The Zhitong Finance App learned that Dongying Tour (06882) rose by more than 15%. As of press release, it had risen 15.25% to HK$0.68, with a turnover of HK$2.298,400.
According to the news, Dongying Tour announced that the Group is expected to obtain a comprehensive net profit of about HK$71.7 million for the year ended 31 December 2023 (fiscal year 2023), while the net consolidated loss due to company owners for the year ended 31 December 2022 (fiscal year 2022) is approximately HK$74.3 million.
According to the announcement, the significant shift in turning a loss into profit was mainly due to a sharp increase in earnings in fiscal year 2023, based on the significant recovery of the tourism industry from the negative impact of the COVID-19 pandemic, which led to a sharp rebound in the Group's travel-related business and hotel business. The Group's revenue for fiscal year 2023 increased by approximately 595.2% year-on-year to HK$1,367 billion.